U.S. Federal Reserve Chair Janet Yellen. Photo: Reuters, Charles Mostoller
U.S. Federal Reserve Chair Janet Yellen. Photo: Reuters, Charles Mostoller
Asia UnhedgedReal-time intel on what moves markets

Fed statement Dovish as we predicted

Bonds are rallying, while the dollar tanked in response

March 16, 2017 2:24 AM (UTC+8)

As Asia Unhedged predicted, the Fed statement was dovish: gradual increases based on monitoring inflation data. Bonds are rallying  and the dollar tanked. US stocks are on fire with the Dow Jones average up 100 points at 2:08 p.m.

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